By Asked if he would leave the Federal Reserve at President-elect Trump’s request, Chairman Powell has a simple and emphatic answer: “No.””Do you think that legally you are not required to leave,” the same reporter asked Powell at a press conference Thursday.”No,” Powell repeated again.Later he added,” Not permitted under the law.”Trump became very critical…
In second-quarter 2024, high home prices and soaring mortgage rates caused more homeowners to struggle with their loan payments. But data shows a slight recovery as mortgage delinquencies fell in the third quarter. That silver lining comes from the Mortgage Bankers Association (MBA)’s National Delinquency Survey. According to the MBA, the seasonally adjusted rate for…
Merit Partners Inc. is developing two industrial buildings in the PV303 master-planned industrial center in Goodyear.The project, called Tex Industrial, includes a 100,737-square-foot warehouse and a 132,475-square-foot warehouse across 17 acres near the Loop 303 and Indian School Road.It’s being constructed by Stevens-Leinweber Construction and was designed by Cawley Architects. Leasing is being handled by…
By: The personal consumption expenditures price index excluding food and energy items, a key inflation gauge, has changed little in the last three … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
Dutch Bros Inc., which is headquartered in Oregon but is moving a large chunk of its corporate employees into a new Tempe office, announced better-than-expected results Wednesday in its third quarter earnings report.CEO Christine Barone told the Phoenix Business Journal Nov. 6 that Dutch Bros’ success is due in part to its real estate strategy.“We’re…
Equestrian arenas are visible in almost every yard. A few horses graze while two baby donkeys run to watch a truck drive past.A hawk sits, unbothered, on a fencepost, accustomed to residents of the sparsely populated community stopping to watch it.The bucolic scene in Wittmann, an unincorporated community in Maricopa County, sits about an hour…
The number of Americans applying for jobless aid ticked up last week but layoffs remain at historically low levels The number of Americans applying for jobless aid ticked up last week but layoffs … The number of Americans applying for jobless aid ticked up last week but layoffs remain at historically low levels.The Labor Department…
BIRMINGHAM, Ala., November 07, 2024–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced financial and operating results for the third quarter ended September 30, 2024, as well as certain events occurring subsequent to quarter end.Edward K. Aldag, Jr., Chairman, President and Chief Executive Officer, said, “Across our highly diversified, global portfolio,…
By: The Personal Consumption Expenditures Price Index – the Fed’s preferred inflation gauge – fell to a year-over-year increase of 2.1% in September … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: “We need to make sure inflation stays close to target, so we can’t cut interest rates too quickly or by too much. But if the economy evolves as we … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.